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TikTok ban in US will be disastrous, massive hit to revenue and economy, warns Oracle

Oracle said that if they are unable to continue providing these services to TikTok and cannot quickly redeploy their capacity, their revenues and profits would suffer. Furthermore, compliance with the new law could also increase their operating expenses Despite the close working relationship, Oracle has traditionally been discreet about its association with TikTok and does…

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Tesla recalls Cybertrucks again, 4th time in 5 months, EV turning to be an embarrassment for Musk

he recalls represent a significant blow to Tesla, which has faced a challenging year with poor earnings reports and increasing competition from Chinese electric vehicle manufacturers These recalls are the latest setbacks for the futuristic Cybertruck. Elon Musk’s company has not yet disclosed the number of Cybertrucks delivered to consumers in its quarterly reports. Image…

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